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A note on OPEC market power and oil prices

โœ Scribed by David L. Greene


Publisher
Elsevier Science
Year
1991
Tongue
English
Weight
783 KB
Volume
13
Category
Article
ISSN
0140-9883

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The relationship between spot and future
โœ Silvapulle, Param; Moosa, Imad A. ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 217 KB ๐Ÿ‘ 2 views

This article examines the relationship between the spot and futures prices of WTI crude oil using a sample of daily data. Linear causality testing reveals that futures prices lead spot prices, but nonlinear causality testing reveals a bidirectional effect. This result suggests that both spot and fut